Baotou Bureau of industry and information technology: the price of rare earth products rose by half month on month in July

On August 10, Baotou Bureau of industry and information technology released the price of key monitored industrial products in July 2021.

In July, nearly 60% of the prices of 32 industrial products monitored by Baotou Bureau of industry and information technology showed an upward trend month on month. Among them, the prices of 19 products increased over the previous month, accounting for 59.4% of the total number of monitoring products, and the number of products with rising prices increased by 12 over June; The prices of 11 products decreased compared with the previous month, accounting for 34.4% of the total monitored products, and the number of products with decreased prices decreased by 11 compared with June; The prices of the two products were the same as that of the previous month, accounting for 6.3% of the total number of monitoring products. The number of products with flat prices decreased by 1 compared with that in June.

Compared with the same period last year, the average price of 28 products rose year-on-year, accounting for 87.5% of the total number of monitored products. The number of products with rising prices was the same as that in June; The average prices of the four products decreased year-on-year, accounting for 12.5% of the total number of monitored products. The number of products with decreased prices was the same as that in June.

Among them, in rare earth related fields, half of the prices of rare earth products showed an upward trend month on month: the prices of four of the eight rare earth products monitored in July rose month on month. The average price of rare earth carbonate was 38250 yuan / ton, up 9250 yuan / ton month on month, or 31.9%; The year-on-year increase was 17250 yuan / ton, or 82.1%; The average price of cerium oxide was 9225 yuan / ton, a month on month decrease of 225 yuan / ton, a decrease of 2.4%, a year-on-year decrease of 1525 yuan / ton, a decrease of 14.2%; The average price of neodymium oxide was 546000 yuan / ton, a month on month increase of 71000 yuan / ton, an increase of 15%, a year-on-year increase of 236000 yuan / ton, an increase of 76.1%; The average price of neodymium metal was 685000 yuan / ton, with a month on month increase of 95000 yuan / ton, an increase of 16.1%, and a year-on-year increase of 293000 yuan / ton, an increase of 74.8%; The average price of praseodymium and neodymium metal was 690000 yuan / ton, with a month on month increase of 109000 yuan / ton, or 18.8%, and a year-on-year increase of 318000 yuan / ton, or 85.7%.